High Point Enterprise Newspaper Archives Jul 6 1976, Page 23

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High Point Enterprise (Newspaper) - July 6, 1976, High Point, North Carolina The right Way to run our state government is like a business. Let a businessman run it. Legislative Reform a making the legislature and the legislative process More efficient and More responsive to the people just makes Good business sense. Wood proposes 1 annual sessions limited to 60 Days. 2 organization of the general Assembly immediately after the general election. 3 functioning of general Assembly committees while the legislature is not in session. 4 pre filing of legislative Bills and a Cut off for Bill filing after the first Day of the formal session. 5 adoption of a two year budget. 6 inclusion in every Bill of a note explaining both its fiscal Impact on the state budget and its Impact on the state s Economy. 7 requiring that committees act either affirmatively or negatively on All Bills. 8 developing a professional committee staff for the legislature. 9 avoiding any return to a seniority system. 10 passing a Tough financial disclosure Law for legislators. 11 opening the legislative process to Complete Public examination. 12 expanding the toll free Telephone Servic e so citizens an Call for information on a Bill. 13 election of legislators for four year terms in non presidential election years. Tax Reform a George Wood believes that the state s tax program should be both Businesslike and equitable. His tax proposals include i repealing the intangibles tax. 2 f eliminating the income tax exemption for dividends paid to individuals by some North Carolina based corporations. 3 removing the $80 and $120 ceilings on sales tax rates of 1 and 2 Pere ent. 4 increasing personal income tax rates for incomes Over $ to too. 5 making corporate income tax rates Bear a fair share of the tax George Wood run it

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